COMPANY NEWS; SUNSTONE SELLS FIVE HOTELS IT ACQUIRED FROM KAHLER

Sunstone Hotel Investors Inc., a real estate investment trust, agreed yesterday to sell five hotels acquired in its purchase of the Kahler Realty Corporation last year for $41.3 million. Sunstone, based in San Clemente, Calif., sold four hotels to the Cavanaughs Hospitality Corporation for $30.3 million: Boise Park Suite Hotel in Boise, Idaho; Pocatello Park Quality Inn in Pocatello, Idaho; the Best Western Canyon Springs Park Hotel, in Twin Falls, Idaho, and Best Western Colonial Inn, in Helena, Mont. Sunstone sold the Lakeview Resort in Morgantown, W.Va., to GF Management for $11.3 million.